Stock Market Sentiment: Fear Amidst Gains?
Despite trading in the green for two consecutive days and sitting just 1.1% away from all-time highs, market sentiment remains cautious. Fear still lingers. source : cnnsentiment
Cboe Stock Exchange to Extend Trading to 24 Hours, 5 Days a Week
Cboe Global Markets Inc. is extending trading on its equities exchange to 24 hours on weekdays, the latest venue to take advantage of the growing global demand for US stocks. The exchange operator will offer trading on its Cboe EDGX Equities Exchange — its main equities venue — through the US daytime and overnight, according to company executives. The plan, which is subject to regulatory approval, calls for trading Sunday night through Friday night, with breaks only on the weekends. CBOE already provides some additional trading hours for US equities, with early orders accepted starting at 2:30 a.m. New York time and trading available from 4 a.m. to 8 p.m., Monday through Friday. During those extended hours, average daily trading volume increased 135% between 2022 and 2024, Cboe said. Regular trading takes place from 9 a.m. to 4 p.m. The New York Stock Exchange also filed its own application in October, looking to offer trading 22 hours on weekdays. Neither venue will be able to operate overnight until key infrastructure is in place that shows real-time trade data outside of normal trading hours. source : bloomberg
Market valuations are at their highest levels in history, when taking into account multiple methodologies
Source: MacroEdge Vision @MacroEdgeVision
Apple Slides After iPhone Sales Miss, China Revenues Unexpectedly Tumble
The one - very big - fly in the ointment was the usual suspect: China, where revenues unexpectedly tumbled, sliding a whopping 11%, and badly missing estimates of a $21.57BN print Greater China rev. $18.51 billion, -11% y/y, estimate $21.57 billion Source: zerohedge.com
Why does a strong January matter?
Here's a chart shared last year (so it isn't updated for 2024 yet), but it shows a clear trend starts early in the year. Source: Carson, Ryan Detrick
Magnificent 7 stocks have underperformed the market in 2025:
The Magnificent 7 stocks are down -1.4% while the S&P 500 itself is up ~2.9%. Meanwhile, the remaining 493 stocks in the S&P 500 have gained +6.6%. To put this into perspective, in 2024, the Magnificent 7 stocks returned +67.4% while the remaining 493 firms gained just +5.0%.
Why "cheap" AI will benefit the overall ecosystem explained in one chart
As the cost of AI comes down, what are the sectors that benefit from cheap intelligence? 1. Cybersecurity (e.g $CRWD) 2. Data Storage/Analytics (e.g $NOW) 3. Robotics (e.g $AMZN) 4. AI Agents (e.g $MSFT $CRM) 5. Advertising (e.g $META, $GOOGL) 6. Ecosystems (e.g $AAPL) NB: These are not investment recommendations Source: Lin@Speculator_io
Hedgefund Billionaire Steve Cohen just said:
“Our view is what happened with DeepSeek is actually bullish because it advances the move to artificial super-intelligence” - Bloomberg Source: Evan on X
